easy · National Real Estate Exam valuation
Avery Irwin, a sales associate, encounters this situation: Two valuation approaches produce different indications because the available data are not equally reliable.
Which response is most consistent with national real-estate principles?
- Weigh each approach by its relevance and data reliability.
- Always select the highest indication.
- Add the indications and divide by the number of approaches.
- Use the lowest indication to avoid liability.
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